The movie adaptation of Glen David Gold‘s Carter Beats the Devil is one of those projects that started out with a ton of promise and momentum, and then for whatever reason wound up mired in development hell, getting kicked around town for several years.

But Warner Bros. gave it a new lease on life when it picked up the project in 2010 and set Michael Gilio (Kwik Stop) to write. Now they’re taking another step forward as 21 Jump Street helmers Phil Lord and Chris Miller enter negotiations to direct. Could this version finally have potential, after all? More details after the jump.